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Welcome to Mariner’s Retreat, an extraordinary waterfront compound and development opportunity in the heart of historic Terra Ceia, Florida. Nestled along more than 475 feet of pristine shoreline on Tillette Bayou and Terra Ceia Bay, this rare Old Florida sanctuary spans approximately 9. 64 acres across three parcels, offering a seamless blend of private coastal living and investment-grade potential. Anchoring the estate at 1470 Bayshore Drive is a meticulously updated, three-story residence encompassing over 3, 600 square feet under air with a brand new roof as of late 2025 and all ceiling repairs have been done. Renovated in 2018, the home features impact-rated windows and doors, an updated kitchen and baths, new flooring and lighting, and a 2023 HVAC system. Mangrove trimming is underway to enhance sweeping water views—all the way to the iconic Sunshine Skyway Bridge. From the private dock, enjoy direct boating access to Terra Ceia Bay and the Gulf of Mexico within minutes. Whether it’s world-class fishing, dolphin sightings, or tranquil sunset cruises, life here flows with the rhythms of the water. Beyond the residence, the offering includes two development parcels across the street—1450 and 1460 Bayshore Drive—totaling over 8 acres of upland terrain with mature Florida landscape. Supported by a completed environmental study, these parcels have the potential for additional homesites to be built under Planned Development Residential (PD-R) zoning and a RES-1 land use designation. Specifics available upon request. The entire estate falls within Flood Zone AE, with base elevations of 9 to 10 feet, and offers flexible acquisition options, including the ability to purchase the entire estate or individual parcels. Owner financing may be considered for qualified buyers along with additional information and environmental reports. Mariner’s Retreat presents a rare opportunity to own a legacy estate that captures the timeless charm of Old Florida, while offering unique potential for future development or multi-generational living. All within easy access to St. Petersburg, Tampa, and the I-275 corridor—yet worlds away from the ordinary. Additional parcel tax ID's included: 2186900102, 2186900151
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,700,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,160,000 | $2,160,000 | $2,160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.154% | 5.996% | 5.932% |
| Monthly Tax Payment | $501 | $501 | $501 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,264 | $12,777 | $17,937 |
| Total Monthly Payment | $12,890 | $13,403 | $18,563 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.